What is Camden Property Trust Price-to-Tangible-Book?
As of today (2024-04-25), Camden Property Trust's share price is $98.30. Camden Property Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $46.64. Hence, Camden Property Trust's Price to Tangible Book Ratio of today is 2.11.
The historical rank and industry rank for Camden Property Trust's Price-to-Tangible-Book or its related term are showing as below:
CPT'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.09 Med: 2.55 Max: 4.4
Current: 2.11
During the past 13 years, Camden Property Trust's highest Price to Tangible Book Ratio was 4.40. The lowest was 2.09. And the median was 2.55.
CPT's Price-to-Tangible-Book is ranked worse than 92.27% of 841
companies
in the REITs industry
Industry Median: 0.84
vs CPT: 2.11
A closely related ratio is called PB Ratio. As of today, Camden Property Trust's share price is $98.30. Camden Property Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $46.64. Hence, Camden Property Trust's P/B Ratio of today is 2.11.
Camden Property Trust Price-to-Tangible-Book Historical Data
The historical data trend for Camden Property Trust's Price-to-Tangible-Book can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Camden Property Trust's Price-to-Tangible-Book
For the REIT - Residential subindustry, Camden Property Trust's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Camden Property Trust's Price-to-Tangible-Book Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Camden Property Trust's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Camden Property Trust's Price-to-Tangible-Book falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Camden Property Trust Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Camden Property Trust's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Camden Property Trust (Camden Property Trust) Business Description
Camden Property Trust is a real estate investment trust primarily engaged in the acquisition, management, and development of multifamily apartment communities across the United States. The company's real estate portfolio consists primarily of apartment properties throughout the Sun Belt. Houston, Dallas, Las Vegas, and Atlanta represent some of Camden's largest housing markets in terms of apartment units. The firm derives nearly all of its revenue from the leasing of properties to tenants through short-term agreements. Camden Property derives the majority of its revenue from the Washington D.C., Los Angeles, Houston, Atlanta, and southeastern Florida areas.
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